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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (114881)	8/5/2008 11:28:04 PM
From: GuinnessGuy	Read Replies (1) of 132070

Mike, I knew you had a theory already. ;) Hey, have you seen this site before? It's exactly what I was looking for. The guy has looked under the skirts of the gov't economic stats and has revised the according to what he sees as reality: shadowstats.com He estimates real unemployment of between 9.7% and 13.7% and inflation between 8% and 9% while the GDP growth is somewhere around -2%. That seems much more realistic to me, except for the inflation figure, which I think is still at least a point too low - maybe 3 or 4 percentage points too low. Craig

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